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Bharat Supply taps ex-Snowman Logistics CFO N. Balakrishna for growth strategy

Bharat Supply, a logistics company, has appointed N. Balakrishna as its Chief Financial Officer. Balakrishna has over 14 years of experience. He will oversee financial strategy and investor relations. The company aims to expand to over 300 districts by 2025.…

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Bitter reality: Sugar industry faces Rs 40,000 crore meltdown despite govt’s big ethanol push

With grain-based ethanol now dominating the market, demand for sugarcane-based ethanol has declined, directly impacting mill revenues and posing potential risks for banks heavily exposed to the sector.

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India stock market branded world’s worst in 2025. Can Sensex, Nifty stage stunning comeback?

Indian stock market faces a downturn in 2025. Sensex shows poor returns compared to global markets. High valuations and slow earnings growth contribute to this. Foreign investors are selling off Indian stocks. Political uncertainty adds to the problem. Experts anticipate…

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Stainless-steel manufacturer Mangalam Worldwide migrates to NSE mainboard

Mangalam Worldwide Ltd, a stainless-steel manufacturer, has successfully transitioned from the NSE’s SME platform to the mainboard, encompassing 2,97,00,674 equity shares. This migration is expected to enhance the company’s visibility, broaden its investor base, and strengthen its capacity to deliver…

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India’s rupee liquidity tightens on tax outflows, banks lean on FX swaps

Income tax outflows in India have tightened rupee liquidity, causing daily funding costs to rise. Banks are utilizing the foreign exchange swap market to secure funds as surplus liquidity fell to a four-month low. The RBI will conduct a one-day…

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Gold declines Rs 612 on strong dollar, weak global cues after Fed move

Gold prices in India fell as investors reacted to the US Federal Reserve’s cautious approach. The dollar’s recovery also impacted bullion. On MCX, gold futures for October and December deliveries decreased. Silver prices also weakened. The Federal Reserve’s rate cut…

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  • Gold, silver prices today, 19 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 19 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • What is a ‘boss scam’? 5 ways to protect yourself from CEO fraud

    A Chennai firm allegedly lost ₹1.90 crore after a WhatsApp message posing as its managing director, leading to a Delhi arrest. Here’s how the ‘boss scam’ works, the warning signs of CEO impersonation fraud, and five steps to verify payment requests and report cyber fraud on helpline 1930.

  • 8th Pay Commission: What is dearness relief and how is it different from DA? Expert explains

    As the 8th Pay Commission meets in Mumbai on 22-23 October, here’s how dearness allowance (DA) differs from dearness relief (DR), what unions are demanding, and what central government employees and pensioners can realistically expect before the final report due by May-June 2027.

  • Got refund for online shopping after cancelling order but your credit card bill still shows due amount? Should you pay?

    Credit card refunds usually return to the card account, reducing the balance or restoring available credit, and may take 5–14 days to appear. Here's what to do if your billing date is near but the refund has not been credited yet.

  • How should you withdraw money after early retirement? Expert explains the 3-bucket strategy for your FIRE corpus

    The three-bucket strategy can help people achieving financial independence and early retirement (FIRE) manage expenses and market volatility. It divides investments into liquid savings for immediate needs, a balanced portfolio for medium-term expenses and equity for long-term growth.

  • ₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules

    The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authorities to release admissible claims within two months.

  • NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief

    An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.

  • Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains

    Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.

  • FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?

    When a fixed deposit matures, its payout depends on the depositor’s instructions and the bank’s rules. Here are your options and whether you should renew or not.

  • Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed

    Quant Mutual Fund’s QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Fund’s Apex at 6.78%. QSIF also led over three months and since inception.

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